• mabeledo@lemmy.world
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    4 days ago

    Data center operators can and will negotiate yearly rates for bulk electricity up. That’s how they can guarantee supply, by paying more than the competition. Small local distributors will never have that kind of leverage, that’s why consumers end up paying more.

    So yes, you are correct in saying that corporations and billionaires are the problem, but in this particular case, it’s because of a particular subset of those.